3 time frame RSI 1.01 Forex indicator technique (MT4)
The technical indicator MT4 3 time frame RSI 1.01 is a binary histogram multi timeframe for simultaneously establish the direction of the trend on 3
time frames (time unit) different.
The color histogram 3 time frame RSI 1.01 determines two different market conditions: bull market or bear market.
The trading signals (buy / sell) generated are based on the values of a Relative Strength Index RSI oscillator.
Technical analysis of multiple time frame charts or allows the investor to identify the general trend of short-term market and long term to anticipate the entry and exit points of the trade with a global vision of the market.
If the signals correspond to the different time frames, the probability of success increases with the strength of the signal: the trading signal is more reliable.
included
3 time frame RSI 1.01.mq4
Broker Online - Broker Exchange : Platform Trading MT4 Metatrader
Interpretation Rules - Signals From Trading
* Buy signal : Forecasts bullish trend
. Formation of a bar 3 time frame RSI 1.01 positive green - Trend bullish on the corresponding time frame
. All squares are positive - Strong uptrend
* Selling signal: bearish trend forecast
. Formation of a bar 3 time frame RSI 1.01 negative red - Trend bearish on the corresponding time frame
. All squares are negative - Strong bearish trend
Read more about the rules and trading signals:
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Time and Time unit UT - Time frame: 15 Minutes M15
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